So those of you who are against the 1% rule or don't use it as a strong indicator, what is your preferred indicator on a deal, COC, ROI, cap rate? 

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I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

There are no indications that this will change anytime soon either. 

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

If they do decide to let it go, it usually indicates that something significant is happening.

I joined BiggerPockets to connect with like-minded individuals, learn from experienced members, and contribute to discussions where I can add value.

Your write offs are also not effected, so you can write off miles also as an individual owner.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Hello BP Community,I’m new to the platform and eager to connect with like-minded individuals who share a passion for real estate investing.